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UBS refreshes its list of 15 most shorted stocks based on the highest concentration of its...

UBS refreshes its list of 15 most shorted stocks based on the highest concentration of its clients. Blue chips Johnson & Johnson (JNJ) and Citigroup (C) are newcomers to the list. Others: AET, LEN, PANL, NFLX, GMCR, ESRX, CMG, CRM, KMX, LLTC, AMZN, VZ.
Comments (1)
  • Andrew Shapiro
    , contributor
    Comments (1866) | Send Message
     
    I am confused - So UBS has clients who pay them commissions to execute trades and trust their assets to them to help them make money. Those clients have an expectation of privacy about their positions and certainly short positions for a variety of reasons are one of the most sacrosanct secrets on wall street to avoid a targeted short squeeze. But then UBS takes certain information of their clients' short positions and aggregates them to produce a report to publish highlighting high short exposure, to assist long funds in creating a short squeeze against those UBS clients either increasing the collateral those clients will have to put up to maintain its position or buy in the position and blow them out. Am I correct? Does anyone else see something terribly wrong with UBS practice?
    9 Nov 2011, 07:51 PM Reply Like
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